Seeks daily investment results of 300% of the performance of the Dow Jones U.S. Select Aerospace & Defense Index. Now — the numbers.
The stock trades 42% below its peak. The market has trimmed its expectations for the company.
It pays out $5.66 per share each year — regular cash for whoever holds the stock.
This stock swings about 2.7 times as much as the market average. Big rallies — and big drops — can both happen fast.
The balance sheet offers little cushion against a rough stretch. Report-card grade: 0/100.
We grade companies — revenue, margins, balance sheets. This is a fund, so there is no report card to give. That is not a low grade; it is a different kind of thing.
One-line summary: a basket, not a business. Judge it by what it holds.